SLOVENIA
SBITOP lost 0.59 percent
Yesterday SBITOP closed at 818.86 points and lost 0.59 percent in value. At very low level of trade (15.46 thousand EUR) the stocks of Gorenje gained the most, soaring 5.77 percent, closing at 5.5 EUR per share. On the other side the most traded stocks of the day were the stocks of Telekom Slovenije, which doped 2.3 percent to 85 EUR per share. At very modest volumes of trade the stocks that lost were Intereuropa (-1,96%), Petrol (-1.44%), SavaRe (-1.16%) and Zavarovalnica Triglav (-0,95%).
INTERNATIONAL MARKETS
Germany: Producer prices for industrial products rose by 2.1 percent
According to German Federal Statistical Office (Destatis) the producer prices for industrial products rose by 2.1 in January 2018 compared with the corresponding month of the preceding year. In December 2017 the annual rate of change all over had been 2.3%, as reported by the Federal Statistical Office. Compared with the preceding month December 2017 the overall index rose by 0.5% in January 2018 (+0.2% in December 2017 and 0.1% in November 2017).
Source:Destatis
Major European indexes in the green
The major European stock exchanges ended yesterday's trading with mostly good results. The weaker euro has stimulated exporters and the German DAX gained 0.83 percent. French CAC (0.64%), Swiss SMI (+0.82%) and Spanish IBEX 35 (+0.91%) were also in the green.
SERBIA
NIIS: NIS to report FY 2017/4Q17 numbers on 27th February
NIS (NIIS), integrated oil&gas company, announced that it will report is FY 2017 and 4Q17 numbers on Tuesday, 27th February, after the market close – 14h. We expected the company’s net profit for FY 2017 to recover near 2014 level, which implies amount of around RSD 25-26bn, up 78% y/y. The company expects to see it in a similar range - RSD 23 to 24bn. The recovery in net profit arrives on the back of higher crude oil price and good cost control at the company.
Source: NIS, Ilirika
Results of privatization of RTB Bor to be known in the first half of 2018 - Transaction to be completed by the end of the year
The privatization procedure in RTB Bor is going according to schedule and the results will be published in the first half of 2018, Beta reports. The cabinet of Prime Minister Ana Brnabic says that the realization and the completion of the transaction are expected by the end of the year. They emphasize that the government and the competent institutions are working as fast as they can in order to bring the process to a close as efficiently and successfully as possible.
Source: Ekapija
Serbia’s priorities in transportation sector are modernization and completion of corridor routes
The priorities of Serbia in the transportation sector are the completion of Corridors 10 and 11, modernization and reconstruction of the railway Corridor 10, primarily the Belgrade-Budapest railway and the Nis-Dimitrovgrad railway, the construction of the Nis-Merdare-Pristina “peace highway” and a further development of air and river transport, Minister of Construction, Transport and Infrastructure Zorana Mihajlovic said. She talked with Fadrique Alvarez de Toledo, director of Brussels Research Group, which is preparing a report and an investment guide to Serbia, about Serbia's priorities in the field of road and railway transport, regional connecting and attracting foreign investors.
Source: Ekapija
